Thread 60838760

Give it to me straight. Can I just go to Dubai and cash out tax free?

>>60838760 (OP)
No because that's not your tax residence.

>>60838760 (OP)
Yes if you are not from the US (citzenship based taxation) or a country that has an exit tax. You also need to become a tax resident of Dubai

>>60838818
as an american can I do this with puerto rico then if I stay there for the 6 months or whatever?

>>60838760 (OP)
yes but obtaining a resident visa it's fucking hard if you don't live or working there, the most easy way if you got the money is to get a golden investor visa by depositing $550k in one of their local banks for 2 years

>>60838823
I don't know much about Puerto Rico but it seems like it only has advantages if you invest there, otherwise you are subject to federal taxation as usual

>>60838763
yeurpbut even if u give up your passport and residence you are still fuxored if it is jew-s-a. just ask the dud in picrel how it wekked out for him

>>60838849
>golden investor visa by depositing $550k in one of their local banks for 2 years
really, that's all you have to do?

>>60838760 (OP)
The US government will come for their money and they will get it.

>>60838861
The USA has a global tax rate as long as you're a citizen even if you're not a tax resident.

>>60838823
currently doing this, look up act 60 individual visa to learn more about it, I can answer some questions if you like anon

>>60839995
exactly

Fortunately as a linkholder I don't need to worry about things like tax burden on cashing out returns

>>60838763
Whats to stop you going there, going to an OTC dealer, buying gold, then flying back with the gold?

>>60840354
You can do that, but if it's over $10K you have to declare it to the IRS.

martyparty on twitter is quite literally the only person that gives alpha in crypto. everybody else is a grifter/scammer/faggot/nigger. You faggots dont deserve to know this btw.

>>60838760 (OP)
If you want to go that way, Hongkong is unironically the better place to cash out. Better and more mature OTC desks everywhere.

As long as you're not a US citizen

>>60838760 (OP)
no but you can in moscow using OTC